Supreme
Yarns EGM to decide on mortgage
Mumbai: Supreme Yarns Ltd has informed the Bombay
Stock Exchange that the extraordinary general meeting
of the company will be held on November 29.
The
meet is convened to mortgage all the company's immovable
and movable properties wherever situated, present or future,
and whole of its undertaking in favour of State Bank of
India to secure working capital facilities worth Rs 31.01
crore.
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CESC
extends voluntary retirement scheme date
Kolkata: The West Bengal power utility company,
CESC Ltd, has decided to extend its voluntary retirement
scheme by five days, which opened on November 1.
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Kistler
opens sales office in Chennai
Chennai: Kistler Instrumente AG, the Swiss firm
and suppliers of measurement instruments, has opened its
sales and marketing office in Chennai.
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Hyundai
bets on new Accent variants to take on Honda City
Chennai: Hyundai Motor India plans to pit two of
its Accent variants against the new Honda City launched
last month.
"We
believe that we have products that can take on the City,"
said Mr B.V.R. Subbu, President, Hyundai Motor India Ltd.
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LG
sees 36 per cent sales growth this year
Bangalore: LG Electronics India Pvt. Ltd. expects
its revenue to grow 36 per cent in this calendar from
a year ago to report close to Rs 4,500 crore, Managing
Director, Mr Kwang-Ro Kim, said.
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NPA
Price cut to hit Nicholas Piramal
Mumbai: The price cut announced by the National
Pharmaceutical Pricing Authority on vitamin A bulk drugs
would have an adverse impact on Nicholas Piramal Ltd's
profit before tax and sales for financial year 2004. The
company informed the BSE in a notification that the impact
of the price cut would aggregate Rs 2 crore.
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AirTel
conducts EDGE trials
New Delhi: AirTel, the cellular service of the
Bharti Group, has successfully conducted the country's
first `Enhanced data rate for global evolution' (EDGE)
trials using Ericsson technology offering data rates to
deliver the full potential of mobile Internet services.
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i-flex
overseas listing likely in `next fiscal'
i-flex
Solutions Ltd expects its overseas listing to happen only
in the next financial year.
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Spanish
co sets up office in Bangalore to tap Asia-Pacific market
Bangalore: Dialcom International, the Spanish video-conferencing
solutions provider, announced the launch up of India operations,
with Bangalore slated to be its Asia-Pacific headquarters.
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New
solutions from Agilent Tech
New Delhi: Agilent Technologies, the global test
and measurement solution provider, has announced its enhanced
operations support system (OSS) solutions that will enable
wireless data service providers to profitably deliver
the highest quality next-generation wireless services.
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